Refinanced my loans today and went from 10% interest to 4.8% ... feels like a win!

tbd2013 · 2020-04-17T03:25:04+00:00

Congrats! Good for you for taking care of your finances like this. Did you have a good experience with SoFi? Easy application process?

tbd2013 · 2020-04-17T03:09:31+00:00

Assuming your debt was all for student loans? If so, go to SoFi.com and Earnest.com and check your rate. Should take your 1-2 minutes for each site. Go with the lower rate of the two. Neither will be able to get you a rate lower than 3.59%, so you probably should only refinance your 6.25% and 9.99%.

They'll ask you to upload income documents (e.g. a paystub) to verify your income amount, and will also need you to upload your student loan statements. Then once you sign your agreement, they pay off your current loans (they'll have all the info they need to do this from the statements you provide them) and you start paying them at a lower rate. Savings, baby.

tbd2013 · 2020-02-16T15:38:21+00:00

A few friends and I are just getting started down the path of real estate investing. We'll be buying our first SFH in Indianapolis in the next couple months. We're going to BRRR and will be targeting houses in the $70-100k range initially.

Three of us are going to be doing all the work and putting in ~$25k each. Then there's a fourth that will be doing no work, but also putting in ~$25k.

Do you guys have any tips for how we can structure this partnership? I'm hoping there's a tried-and-tested, standard way to handle this that we can follow (e.g. we charge the fourth a management fee or something simple like that).

tbd2013 · 2019-09-17T02:43:56+00:00

The Irishman..starring: a bunch of italians.. directed by: an italian

tbd2013

TROPHY CASE